Share Market Today: First it fell, but then it started running – Sensex reached 84000, Nifty broke the 12-month record, know the 5 big reasons for the rise:

News Topical, Digital Desk : The Indian stock market witnessed a strong recovery on Friday. The Sensex crossed 84,000 and the Nifty reached a one-year high of 25,750. Banking and FMCG stocks saw strong buying, while the midcap index remained weak. Heavyweights like HDFC Bank, ICICI Bank, Reliance Industries, and Asian Paints supported the market. However, selling continued in IT stocks following the results of Wipro and Infosys.

Slow start, then a great comeback
Sensex had a weak start today and fell 261 points to reach 83,206.08 in the initial trade. Nifty also fell 76 points to open at 25,508.60. But by 11 am the market changed its direction Sensex rose 565 points to reach 84,032.70 and Nifty jumped 153 points to reach 25,738.35. Sensex crossed the 84,000 level for the first time after June 30, 2025, while Nifty touched its highest level (25,750) after October 1, 2024.

At the end of the session, Nifty rose 125 points to close at 25,710 and Sensex rose 485 points to close at 83,952. Bank Nifty closed at 57,713 with a gain of 291 points, a new record high. Meanwhile, the Midcap index fell 339 points to close at 58,902, clearly indicating that buying continued in large companies, while pressure remained on smaller stocks.

DFC Bank and ICICI Bank rose 1% each, both banks looked strong ahead of their quarterly results. Reliance Industries also showed strength and closed above ₹1,400. Buying continued in the FMCG sector, with Asian Paints, Hindustan Unilever (HUL) and ITC among the top gainers of the day. M&M also saw gains for the third consecutive day, closing 3% higher.

Max Healthcare shares rose 2% as UBS upgraded the stock. In the midcap segment, stocks like Delhivery, PG Electroplast, Laurus Labs, TVS Motor and Bharat Dynamics were the top gainers. Muthoot Finance also benefited from the rise in gold prices and closed 2% higher.

The market reacted coldly to the quarterly results of Wipro and Infosys. Wipro fell 5% and Infosys fell 2%. Analysts believe that the revenue outlook of IT companies is weaker than expected and there is a slowdown in deal closures.

Pressure on Yes Bank and PB Fintech : Yes Bank shares fell 3% after the India head of SMBC Group said that they are not planning to increase their stake in the bank. Shares of PB Fintech (Policybazaar) also continued to decline as insurance companies are renegotiating commission rates.

These stocks saw the biggest rise.
Asian Paints, Mahindra & Mahindra, Bharti Airtel, Max Healthcare and Hindustan Unilever were the top gainers in the Nifty pack, rising up to 5%. The buying sentiment in big companies seemed to support the overall market mood.

Five major reasons for the market boom

Return of Foreign Investors - Foreign institutional investors (FIIs) remained buyers for the second consecutive day, purchasing equities worth ₹997 crore. Domestic institutional investors (DIIs) also purchased shares worth ₹4,076 crore. This increased both liquidity and confidence in the market.

Fall in crude oil prices: Brent crude fell 0.25% to $60.94 per barrel. Lower crude prices ease inflationary pressures and reduce India's import bill, supporting the equity market. Rupee Strength: The rupee rose 21 paise to 87.75 per dollar. This strength was driven by a weak US dollar and RBI intervention. A strong rupee is a positive signal for foreign investors. Buying in high-profile stocks: Rise in Reliance Industries, Asian Paints, and banking stocks pulled the index higher. Buying in large-cap stocks typically increases both market breadth and confidence. Banking index Bank Nifty broke its previous high, setting a new record of 57,651. Expectations of strong results from HDFC Bank and ICICI Bank boosted the sector. The index has risen 10,000 points since its March 2025 low. Anand James, Chief Market Strategist at Geojit Financial Services, says, "Some profit booking may be seen in the market after yesterday's sharp rally. If Nifty holds above 25,520, it could rise to 25,670, but the move won't last long." Market rallies for third week in a row! Sensex-Nifty gain 2%, realty and FMCG sectors shine bright. The Indian stock market has shown strength for the third consecutive week. Both Sensex and Nifty rose nearly 2%, marking the biggest weekly gain in the last four months. This week, realty and FMCG stocks saw strong buying, while the midcap index lagged slightly. Overall, the market remained bullish, but IT stocks exerted some pressure. The Sensex and Nifty gained nearly 2% during the week. This was the market's third consecutive week of green signals. It is also noteworthy that this is the strongest weekly performance in the last four months. The Nifty Bank index performed in line with the benchmark index and registered a gain of nearly 2%. However, the midcap index showed a weak trend and was up only 0.3%. Profit booking was visible in small and mid-cap stocks, while steady buying continued in large-cap stocks. Realty and FMCG sectors shone the most this week, with both indices gaining nearly 3%. Demand revival, festive season and strong consumption trends supported these sectors. 36 out of 40 Nifty stocks closed with gains. Top gainers included Nestle India, Asian Paints, Mahindra & Mahindra, and Adani Ports. These stocks rose 3–5%. The technology sector remained under pressure at the end of the week. Infosys, Wipro, and TCS were the top losers this week. Caution regarding global tech spending and the quarterly outlook exacerbated the weakness in these stocks.